GGALD trade ideas
Everything points to SOUTH, but is moving EAST
Predicting is difficult, and also self esteem consuming after time showing reality, but it should't discourage. We all learn from it.
I analize Argentinian GGAL price, trough Fibos retractions and time extensions, to get targets, but has to rely on main trends.
I'm predicting that is going SOUTH and I mean to be SHORT. In fact I am with a PUT.
Reality shows prices moving EAST, and that means lateralizing with horizontal waves rather difficult to see on daily timeframe .
Some short stock options strategies has to be implemented to the end of this movement espected to end in two months.
GGAL - Galicia Galicia abre la semana con Gap debido al que el día viernes no tuvimos bolsa en Argentina pero el ADR de Galicia tuvo un buen salto en la cotización que fue compensado en el día de hoy.
Va en busca de los $115. Posible objetivo que surge de la resistencia por desdoblamiento de canal alcista de largo plazo. Veremos qué dice el mercado. (nunca considerar como recomendación de compra/venta de activos)
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1 bearish waveOf not facing with volume should meet goals in 66, to retake the 73, in case we are not going to 60
